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pandemic

US GDP could recover by mid-year

The Gross Domestic Product (GDP) of the United States will return to its pre-pandemic levels in mid-2021, while surpassing its potential in early 2025, according to an analysis published by the Congressional Budget Office (CBO) . The agency explained that its economic growth projections have…

Brussels increases humanitarian budget by 60 % for 2021

The European Commission has adopted its humanitarian budget for 2021 on Tuesday, which will amount to 1,400 million euros, which means a 60 percent increase compared to last year's budget. After a year in which humanitarian needs have…

Brazil’s recovery could turns slow

The risks associated with the evolution of the pandemic in Brazil and the cooling of emergency aid granted by the Government of Jair Bolsonaro could imply a scenario of slower economic recovery or even a temporary reversal of it. This was…

Goldman Sachs revenue grew 13% in 2020

The US investment bank Goldman Sachs posted an attributable net profit of $ 8.915 billion for the whole of 2020, which is equivalent to an increase of 13% compared to the previous year's earnings, despite the impact on its balance sheet of…

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2021 Olympics may be the most expensive in history

Japan's Prime Minister Yoshihide Suga indicated that the Tokyo 2021 Olympics and Paralympics will go ahead this summer despite concerns about rising coronavirus cases. Covid-19 cases increased in Japan in recent days and Tokyo reported…

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